The Scale of Digital-Only Banking Adoption Digital-only banks, commonly known as neobanks, are approaching a customer base of 850 million users worldwide. This figure, compiled from data reported by major neobanks and projected by industry analysts at firms including Statista and Simon-Kucher, reflects the rapid adoption of banking services delivered entirely through mobile applications without the physical branch infrastructure that defines traditional banking. The growth trajectory shows no signs of slowing, with neobank user numbers increasing by tens of millions annually across virtually every major market. The 850 million figure encompasses users of both standalone neobanks like Revolut, Nubank, and…